The assay results disclosed by the Corporation to date are consistent with historical data. These holes were drilled as part of Oracle Mining's ongoing drilling program, the results of which will be included in a National Instrument 43-101 ("NI 43-101") compliant resource estimation. The Corporation is analyzing the samples for a full suite of elements and have identified silver and gold as potential by-products.

Surface drill hole ODH-044 encountered an interval of 47.2 feet of 2.21% copper, including within that interval 10.0 feet of 3.92% copper and 0.9 oz/ton silver. Underground drill hole OUH-07 encountered an interval of 47.0 feet of 2.07% copper, including within that interval 10.0 feet of 4.85% copper and 1.05 oz/ton silver.

The following tabulates the intervals obtained from this phase of the drilling program:

Hole

From
(feet)

To
(feet)

Width
(feet)

Cu
(%)

Au
(oz/ton)

Ag
(oz/ton)

Zone

Formation

ODH-034

267.0

301.0

34.0

1.30

0.002

0.32

6

Escabrosa

Includes

276.0

286.0

10.0

1.72

0.003

0.44

6

Escabrosa

ODH-034

311.0

321.0

10.0

1.80

0.003

0.61

6

Escabrosa

ODH-035

42.0

49.5

7.5

3.98

0.026

2.00

6

Escabrosa

ODH-035

394.0

400.0

6.0

1.49

0.001

0.36

6

Escabrosa

ODH-036

41.2

48.0

6.8

3.05

0.015

1.91

6

Escabrosa

ODH-037

167.0

178.0

11.0

2.65

0.009

1.58

2

Martin

ODH-037

228.0

235.0

7.0

1.80

0.002

0.57

2

Martin

ODH-037

271.0

350.0

79.0

1.68

0.004

0.61

1

Abrigo

ODH-038

164.5

179.5

15.0

2.81

0.007

0.81

2

Martin

ODH-038

188.0

198.0

10.0

0.94

0.002

0.28

2

Martin

ODH-038

248.0

274.0

26.0

1.81

0.006

0.51

1

Abrigo

includes

264.0

274.0

10.0

2.71

0.008

0.68

1

Abrigo

ODH-038

289.0

319.0

30.0

2.06

0.005

0.59

1

Abrigo

includes

299.0

314.0

15.0

2.83

0.007

0.81

1

Abrigo

ODH-040

185.1

191.4

6.3

5.21

0.018

1.36

2

Martin

ODH-040

216.0

225.0

9.0

1.56

0.006

0.48

2

Martin

ODH-040

288.0

302.7

14.7

1.54

0.005

0.41

2

Martin

includes

298.0

302.7

4.7

2.28

0.008

0.66

2

Martin

ODH-040

321.0

359.0

38.0

2.10

0.008

0.77

1

Abrigo

includes

321.0

325.5

4.5

5.54

0.034

2.52

1

Abrigo

includes

350.0

359.0

9.0

2.92

0.010

1.08

1

Abrigo

ODH-040

402.5

410.0

7.5

1.71

0.001

0.15

1

Abrigo

ODH-041

231.0

239.0

8.0

1.24

0.002

0.40

6

Escabrosa

ODH-041

329.5

334.5

5.0

1.43

0.004

1.00

6

Escabrosa

ODH-041

458.0

463.0

5.0

1.12

0.001

0.23

6

Escabrosa

ODH-042

225.6

262.4

36.8

2.68

0.009

0.66

2

Martin

Includes

233.0

241.0

8.0

4.39

0.015

1.02

2

Martin

Includes

250.0

260.0

10.0

4.09

0.014

1.05

2

Martin

ODH-042

314.0

328.0

14.0

1.51

0.010

0.37

2

Martin

ODH-042

353.5

379.5

26.0

1.56

0.007

0.57

1

Abrigo

includes

358.0

363.0

5.0

2.77

0.014

1.09

1

Abrigo

ODH-042

415.5

437.0

21.5

2.05

0.009

0.32

1

Abrigo

ODH-043

189.0

194.5

5.5

3.05

0.019

0.74

2

Martin

ODH-043

217.7

232.0

14.3

2.32

0.007

0.54

2

Martin

ODH-043

290.0

350.0

60.0

1.91

0.010

0.64

2 /1

Martin/Abrigo

ODH-043

364.0

404.0

40.0

1.40

0.006

0.58

1

Abrigo

includes

379.0

384.0

5.0

1.84

0.008

0.84

1

Abrigo

ODH-044

66.0

73.0

7.0

1.95

0.011

0.59

4

Escabrosa

ODH-044

138.8

186.0

47.2

2.21

0.016

0.48

2

Martin

includes

166.0

176.0

10.0

3.92

0.039

0.90

2

Martin

ODH-045

87.0

92.0

5.0

2.98

0.016

0.74

4

Escabrosa

ODH-045

167.7

210.0

42.3

2.20

0.012

0.42

2

Martin

ODH-045

246.0

256.4

10.4

1.73

0.012

0.30

2

Martin

ODH-045

280.4

293.0

12.6

1.07

0.008

0.21

2

Martin

ODH-046

60.5

65.2

4.7

1.64

0.005

0.41

4

Escabrosa

ODH-046

119.5

172.9

53.4

1.49

0.007

0.37

2

Martin

Includes

136.0

146.0

10.0

2.08

0.008

0.48

2

Martin

Includes

159.0

172.9

13.9

2.34

0.014

0.59

2

Martin

ODH-049

128.0

133.0

5.0

1.05

0.002

0.23

2

Martin

ODH-049

158.0

163.0

5.0

1.63

0.007

0.30

2

Martin

ODH-049

167.0

179.8

12.8

1.68

0.012

0.40

2

Martin

includes

167.0

172.0

5.0

2.45

0.016

0.66

2

Martin

ODH-049

264.0

279.0

15.0

1.74

0.006

0.57

2

Abrigo

ODH-050

163.0

177.2

14.2

1.50

0.004

0.30

2

Martin

ODH-050

237.0

262.0

25.0

1.88

0.007

0.49

1

Abrigo

ODH-050

282.0

312.0

30.0

2.00

0.006

0.50

1

Abrigo

ODH-051

288.0

303.0

15.0

0.90

0.000

0.19

2

Martin

ODH-051

313.0

328.0

15.0

1.61

0.001

0.33

1

Abrigo

ODH-051

343.0

378.0

35.0

2.05

0.001

1.02

1

Abrigo

OUH-02

375.5

400.0

24.5

1.97

0.006

0.59

4

Escabrosa Ext East

includes

380.0

390.0

10.0

2.64

0.008

0.79

4

Escabrosa Ext East

OUH-02

472.0

484.0

12.0

1.68

0.001

0.26

2

Martin Ext East

OUH-02

518.0

542.0

24.0

2.14

0.011

0.68

2

Martin Ext East

includes

535.5

542.0

6.5

3.21

0.017

0.84

2

Martin Ext East

OUH-03

154.0

172.5

18.5

0.99

0.002

0.36

6

Escabrosa

includes

154.0

158.0

4.0

1.46

0.002

0.35

6

Escabrosa

OUH-03

193.8

199.7

5.9

3.36

0.002

0.62

New Zone

Escabrosa

OUH-03

413.3

418.0

4.7

1.65

0.000

0.03

5

Escabrosa

OUH-04

294.8

304.9

10.1

1.62

0.001

0.45

5

Endoskarn

OUH-05

298.0

304.5

6.5

1.95

0.001

0.34

5

Escabrosa

OUH-05

334.0

346.0

12.0

1.91

0.004

0.47

5

Escabrosa

OUH-05

449.5

472.0

22.5

2.40

0.001

0.53

5 Lower

Escabrosa

includes

467.0

472.0

5.0

4.76

0.001

1.06

5 Lower

Escabrosa

OUH-06

325.0

335.0

10.0

1.75

0.004

0.80

5

Escabrosa

OUH-06

355.0

360.0

5.0

2.16

0.001

0.39

5

Escabrosa

OUH-07

172.0

194.0

22.0

0.94

0.010

0.72

4

Escabrosa

includes

172.0

174.2

2.2

1.53

0.006

0.63

4

Escabrosa

OUH-07

282.1

355.6

73.5

1.54

0.005

0.56

5

Escabrosa

OUH-07

448.0

495.0

47.0

2.07

0.007

0.62

5 Lower

Escabrosa

includes

465.0

475.0

10.0

4.85

0.003

1.05

5 Lower

Escabrosa

OUH-07

521.0

531.0

10.0

2.35

0.011

0.68

5 Lower

Escabrosa

OUH-08

259.0

264.0

5.0

1.84

0.001

0.28

5

Escabrosa

The intervals were calculated using a 1.0% copper cut-off and may include internal waste to reflect a potential mineable width. True widths of mineralized intercepts completed to date will need to be modelled but are estimated to be 60% to 100% of the stated interval length for Zones 1, 2 and 4. Additional drilling in Zones 5 and 6 will be needed before true thickness can be estimated. Intervals labelled "includes" are higher-grade portions of the previous listed interval.

Oracle Mining employs a rigorous QA/QC protocol on all aspects of sampling and analytical procedure. Drill core is checked, logged, marked for sampling and split in half. One-half of each drill core is maintained for future reference and the other half of each drill core is sent for analysis. Half-core samples are shipped to accredited laboratories contracted to complete all sample preparation and assaying, including Skyline Assayer and Laboratories (Tucson), SGS Minerals Services (Elko/Vancouver) and ALS Chemex Labs Ltd. (Reno/Vancouver). Samples are analyzed employing the appropriate methodology for analyses of copper, as well as fire assaying for silver and gold. For QA/QC purposes, the Corporation inserts one standard sample for every 20 samples of core and one blank sample for every 40 samples of core submitted to the assay laboratories. The Corporation inserts a blank sample for core for any submission with fewer than 40 samples. Oracle Mining periodically submits the pulps of the samples assayed by one laboratory to another independent laboratory for check analysis.

The technical information in this media release has been prepared in accordance with Canadian regulatory requirements set out in NI 43-101 and reviewed by Glenn R. Clark, P.Eng., of Glenn R. Clark & Associates Limited, a consultant for Oracle Mining and a Qualified Person under NI 43-101, who is responsible for the technical information reported herein.

About Oracle Mining Corp.

Oracle Mining Corp. (TSX:OMN)(OTCQX:OMCCF)(FRANKFURT:OMC) is a Vancouver, Canada-based corporation that is the sole owner and operator of Oracle Ridge Mining, LLC and the Oracle Ridge Copper Mine located 24 km northeast of Tucson, Arizona. Oracle Mining is managed by an experienced team of mining professionals with extensive operating and financial experience.

Forward-looking Statement Disclaimer

This document may contain "forward-looking statements" within the meaning of Canadian securities legislation. These forward-looking statements are made as of the date of this document and Oracle Mining does not intend, and does not assume any obligation, to update these forward-looking statements. Forward-looking statements relate to future events or future performance and reflect management of the Corporation's expectations or beliefs regarding future events and include, but are not limited to, statements with respect to the Corporation's liquidity and balance sheet and future sales of metals or minerals from Oracle Ridge. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative of these terms or comparable terminology. By their very nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, actual results of current exploration activities; changes in project parameters as plans continue to be refined; future prices of resources; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing or in the completion of development or construction activities; as well as those factors detailed from time to time in the Corporation's interim and annual financial statements and management's discussion and analysis of those statements, all of which are filed and available for review on SEDAR at www.sedar.com. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.